AUD/USD Intraday: bullish bias above 0.6775.

Pivot:

0.6775

Our preference:

Long positions above 0.6775 with targets at 0.6815 & 0.6835 in extension.

Alternative scenario:

Below 0.6775 look for further downside with 0.6755 & 0.6735 as targets.

Comment:

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Gold Intraday: under pressure.

Pivot:

1952.00

Our preference:

Short positions below 1952.00 with targets at 1939.00 & 1933.00 in extension.

Alternative scenario:

Above 1952.00 look for further upside with 1960.00 & 1966.00 as targets.

Comment:

As long as the resistance at 1952.00 is not surpassed, the risk of the break below 1939.00 remains high.

Crude Oil (WTI)‎ (N3)‎ Intraday: key resistance at 69.30.

Pivot:

69.30

Our preference:

Short positions below 69.30 with targets at 68.10 & 67.50 in extension.

Alternative scenario:

Above 69.30 look for further upside with 69.80 & 70.50 as targets.

Comment:

The RSI is bearish and calls for further decline.

EUR/USD Intraday: bullish bias above 1.0805.

Pivot:

1.0805

Our preference:

Long positions above 1.0805 with targets at 1.0865 & 1.0880 in extension.

Alternative scenario:

Below 1.0805 look for further downside with 1.0790 & 1.0770 as targets.

Comment:

The RSI calls for a bounce.

GBP/USD Intraday: the bias remains bullish.

Pivot:

1.2630

Our preference:

Long positions above 1.2630 with targets at 1.2700 & 1.2720 in extension.

Alternative scenario:

Below 1.2630 look for further downside with 1.2610 & 1.2590 as targets.

Comment:

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

USD/JPY Intraday: further advance.

Pivot:

139.70

Our preference:

Long positions above 139.70 with targets at 140.30 & 140.60 in extension.

Alternative scenario:

Below 139.70 look for further downside with 139.50 & 139.30 as targets.

Comment:

The RSI is bullish and calls for further upside.